The first step in investing. With Flossbach von Storch.

From saver to investor

The first step is the hardest. And also the most important. Do you remember how you learned to ride a bicycle as a child? When the supporting hand slowly let go. Or your first farewell, your first job interview, your first kiss, a ground-breaking ceremony...The first step has always enriched our lives. When will you take this first step of investing your money?

Three good reasons to choose Flossbach von Storch – Der erste Schritt

Investment for beginners

The fund aims to provide people with a way out of the zero-interest trap and avoid real asset losses through prudent and experienced investing and broad diversification.

An alternative to zero interest

The fund offers an investment solution focused heavily on bonds, which cleverly combines the strategy with a small equity stake. Taking the first step out of the zero interest trap.

Clear investment decisions

The investment strategy follows a clear world view. The five investment guidelines – diversification, quality, value, solvency and flexibility – provide the principles of the investment strategy.

"At first, many do not realise that inflation is eating up their savings."

- Elmar Peters, Fund Manager

"You need to actively take care of your assets, because there is no longer any interest."

- Frank Lipowski, Fund Manager

Get into investment now.

Just ask your bank or financial advisor for more information about the "Flossbach von Storch – Der erste Schritt" fund or ISIN LU0952573136.

OPPORTUNITIES + Participate in global bond market growth. + Income can be generated from regular interest payments. + Active interest rate, currency and risk management (e.g. from the use of derivatives). + Risk is broadly diversified by investing in a range of asset classes (e.g. equities, bonds, convertible bonds etc.) Market potential can be exploited by investing across a wide range.

RISKS - The securities in which the Management Company invests the sub-fund assets present opportunities for gain but also the possibility of risk. If a sub-fund invests directly or indirectly in securities and other assets, it is subject to many general trends and tendencies, which are sometimes attributable to irrational factors on the markets particularly on the securities markets. Losses can occur when the market value of the assets decreases as against the cost price. If a unitholder sells units of the sub-fund at a time at which the value of assets in the sub-fund has decreased compared with the time of the unit purchase, he will not receive the full amount he has invested in the sub-fund. Despite the fact that each sub-fund aspires constant growth, this cannot be guaranteed. - Country, credit and issuer liquidity risk. Also potential exchange rate risks. If securities are illiquid (i.e. thinly traded), there is a risk that it may either not be possible to sell the assets at all or only by accepting a significant discount on the sale price. - Investing in bonds may entail price risks, especially in case of rising interest rates on the capital markets. - Where used, derivatives can have a greater negative impact on the fund value than would be the case if the assets were acquired directly. This can affect the fund's risk profile and volatility (tendency for the price to fluctuate).

Please read the Prospectus and particularly the RISK WARNINGS section and the specific annex of the subfund to understand the risks and benefits of this product.

This document does not constitute an offer to sell, purchase or subscribe to securities or other assets. The information and estimates contained herein do not constitute investment advice, legal advice, tax advice or any other advice. The value of the investment and any income from them can fluctuate and investors may not get back the full amount invested. The information given is not a replacement for individual investor advice.